Serbia recorded a Current Account deficit of 2.60 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Serbia averaged -6.87 percent of GDP from 2000 until 2023, reaching an all time high of 2.00 percent of GDP in 2001 and a record low of -20.00 percent of GDP in 2008. source: Ministry of Finance, Republic of Serbia

Current Account to GDP in Serbia is expected to reach -4.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Current Account to GDP is projected to trend around -3.50 percent of GDP in 2025 and -3.90 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Balance of Trade -949.50 -1019.50 USD Million Nov 2024
Capital Flows -419.00 -941.00 USD Million Oct 2024
Crude Oil Production 12.00 12.00 BBL/D/1K Sep 2024
Current Account -502.00 -995.00 USD Million Oct 2024
Current Account to GDP -2.60 -6.90 percent of GDP Dec 2023
Exports 2556.20 2857.10 USD Million Nov 2024
Exports by Category
Exports by Country
External Debt 48069.50 45606.80 EUR Million Jun 2024
Foreign Direct Investment -239.00 -413.20 USD Million Oct 2024
Gold Reserves 47.26 41.45 Tonnes Sep 2024
Imports 3505.70 3876.60 USD Million Nov 2024
Imports by Category
Imports by Country
Terrorism Index 0.00 0.00 Points Dec 2023
Tourist Arrivals 170310.00 225458.00 Nov 2024
Weapons Sales 3.00 49.00 SIPRI TIV Million Dec 2021

Serbia Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -6.90 2.00 -20.00 2000 - 2023 percent of GDP Yearly